MCS Steel Non-Voting DR MSTUF

RBC

[retiredcf]

Really looking like a buy again at this level. GLTA

October 4, 2016

Real Estate Investment Trusts

Quarterly Review and Sector Outlook – Q4 2016

Recommendations

Brookfield Asset Management is rated Top Pick. From the universe of 41 TSX-listed REITs, we have 10 “Outperforms”: Allied REIT, CAPREIT, CREIT, Granite REIT, Killam Apartment REIT, Milestone Apartments REIT, Morguard NA Residential REIT, Plaza Retail REIT, RioCan REIT, and SmartREIT. Also included in this report are Brookfield Property Partners, Colliers International Group, First Capital Realty, FirstService Corporation, and Tricon Capital Group Inc. — each rated Outperform. 

[retiredcf]

The only pure-play US multi-res REIT traded on the TSX with principal property/ geographic exposure being garden-style apartments throughout the Sun Belt. The REIT benefits from an integrated platform and an internalized, well-aligned management team with a strong track record. 

[maypeters]

Not the only PURE play the other company even has PURE in their name (PURE Family REIT) ;-)

[ddogold]

Any theories about the recent selling pressure here ?

[retiredcf]

A few of the REITs have been down lately as investors worry about the Fed increasing interest rates before year end (eg. CSH.UN was down 5% yesterday). But the declines in MST.UN seem a bit more concentrated in the last few weeks. Pure spec on my part, but it wouldn't surprise me if some quick rich US shorter was giving us a go.  While the recent decline in SP is annoying, I'm a long

[retiredcf]

It could also be a bit of the fallout from this although, once again, this looks like a positive development in the long term. Either way, IMHO the SP has come down too far so I just added some more in my TFSA. GLTA Sept. 30, 2016 /CNW/ - Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) ("Milestone" or the "REIT") today announced that it has completed

[mattycrusher]

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